Fessenden Area Community Betterment Association Inc.

“Cafe building accounting fees 158 insurance 3,230 repairs 258 real estate tax 2,079 non-investment depreciation 4,516 total 10,241”

“Fixed operating assets 234,490 234,490 less accumulated depreciation 100,050 104,566 total 134,440 129,924”

“5,000 0”

“He fessenden area betterment association, inc. Is a non profit corporation that is organized to promote the social welfare, common good, and general welfare of the people of the fessenden area communities. Our goal is to bring about civic betterments and social improvements.”

“This organization, in various forms has been in existence since 1965. Some of the projects that they have been involved with, over the years, include: a grocery store, bowling alley & cafc), bringing cable tv to our community, bringing a group home to our community, retaining a pharmacist, remodeling a vacant building to bring in a call center that currently employs around 6 people, helping a local car repair shop with a business expansion, helping the school district rebuild the running track for the school athletes, helping with the financing of a business that built a car wash, helping with the business that started a computer store, and remodeling a vacant building for a fitness center. Rebuilt a community cafe, that had burned down and the previous owner declined to rebuild. Our current project is to help the community replace a cafe and meeting place. The cafc) completely burned on april 16, 2009. The new cafe building with equipment was placed in service on july 1, 2010. It is being rented to a local couple who are providing our commmunities with a local family style cafe.”